Urbanization, infrastructure expansion among factors driving Canadian VT industry.
Residential, commercial and retail construction in Canada’s three largest cities — Toronto, Vancouver and Montreal — is fueling the vertical-transportation (VT) industry. Trends of seven years ago — urbanization, speculative real estate activity and mixed-use construction with a heavy residential component (ELEVATOR WORLD, October 2013) — persist, despite there being a pause due to COVID-19. This pause is widely regarded as temporary, and work that started before the pandemic is chugging along, albeit with new precautions in place. As cities grow outward from their centers, so do their public-transportation systems. This means new transit stations served by elevators and escalators. All this is keeping OEMs, suppliers and consultants busy. Rob Isabelle, Urbanization, infrastructure expansion among factors driving Canadian VT industry.
"Cities such as Toronto and Vancouver have been in a construction boom on both the commercial office and residential sides that far exceeds that of larger cities south of the border."
— Rob Isabelle, chief operating officer, KJA Consultants